Common use of Tax-Free Transaction Clause in Contracts

Tax-Free Transaction. Neither Parent nor any of its Subsidiaries knows of any fact or has taken, or failed to take, any action that could prevent the Merger from qualifying as a tax-free reorganization within the meaning of Section 368(a) of the Code. VII

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Becoming Art Inc), Agreement and Plan of Merger (Becoming Art Inc)

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Tax-Free Transaction. Neither Parent nor any of its Subsidiaries knows of any fact or has taken, or failed to take, any action that could prevent the Merger from qualifying as a tax-free reorganization within the meaning of Section 368(a) of the Code. VII.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (EMAV Holdings, Inc.), Agreement and Plan of Merger (Dse Fishman Inc)

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